Noted economist, David Rosenberg is 99% sure that the U.S. will be in a recession by next year.
Rosenberg is currently the Chief Economist & Strategist at Gluskin Shuff & Associates.
Formerly with Merrill Lynch Rosenberg has been a bear on the economy for quite some time.
He believes we may be for a recession next year.
“By 2012, I would give it a 99% chance of occurring,” Rosenberg said.